Archive | April 2013

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Financial Instability Hypothesis, Debt Deflation, and Debt-to-GDP

The debt-to-GDP ratio is one of the indicators of the health of an economy; governments aim for low debt-to-GDP ratios which most likely indicate that they can stand up to the risks from increasing debt levels as they have higher profit margin. Margin Debt Study and Steve Keen Steve Keen, professor in economics and finance […]